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Crops Markets

China’s approval still needed on Gavilon takeover

Japanese trading house Marubeni Corp. said it expects to get Chinese regulatory approval for its long-delayed US$5.6 billion purchase of U.S. grain merchant Gavilon by the end of March. The transaction, which has received clearance from U.S. and European anti-competition authorities, needs Chinese approval because Marubeni will increase supplies of […]